Noel Tata's push prompts twice-yearly deep-dive reviews at Tata Sons
Tata Sons just wrapped up a marathon board meeting attended by chairman N Chandrasekaran and Tata Trusts's Noel Tata, focusing on its struggling businesses.
Thanks to Noel's push for more transparency, these deep-dive reviews are set to happen at least twice a year from now on.
Air India nearly $3bn FY26 loss
Business heads gave updates on where things stand:
Air India reported an estimated nearly $3 billion loss in FY26, tied to foreign-exchange losses, airspace disruptions and elevated fuel costs.
Tata Digital and Tata Electronics reported losses of ₹4,610 crore and ₹70 crore, respectively, in FY25 (year ended March 2025).
Chandrasekaran has taken responsibility for the performance issues, especially at Tata Digital.
The next board meeting is scheduled for June 12, 2026, to discuss the possibility of another term for Chandrasekaran.